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johnpaul92 johnpaul92
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8 years ago
A developing country does not have enough taxes to cover its expenditures and is unable to borrow. This government would be most likely to cover its deficit by
A) selling government bonds to the public.
B) selling newly issued government bonds directly to the central bank.
C) purchasing government bonds from the public.
D) buying newly issued government bonds directly from the central bank.
Textbook 
Macroeconomics

Macroeconomics


Edition: 8th
Authors:
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supamansupaman
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8 years ago
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johnpaul92 Author
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#2
8 years ago
This is incredible, wasn't expecting anyone to answer this one
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